Hubby will be retiring a few years from now. But he’s not eager to retire from work just yet as we still have an incoming college student who needs our financial support more than ever. He would still be working for the same office on a contractual basis if the company still needs his service. I don’t know about fixed rate annuity or if hubby is entitled to receive one, but at any rate the retirement benefits will be very helpful to us. Hubby can enjoy honing his photography skills (if he has it) when our kids have graduated from college.